Tax Justice UK

There’s only one real option to deliver fairness: tax the super‑rich.

But there are plenty of ways to do it — capital gains, dividends, buybacks, wealth management, and more.

@2615125lO9293 Long‑Bailey MP hit the nail on the head in the Commons budget debate

💡 Social security isn’t a burden — it’s an investment.

Ensuring children are clothed, housed, fed, and ready for school isn’t just a moral necessity — it pays for itself in the long run.

🎙️ Our ED, @faizashaheen.bsky.social makes it clear on Good Morning Britain.

"It seems like the banking industry's lobbying paid off."

🎯 Bobby Dean MP got it spot on in the recent Commons debate about the Budget— the govt might have taxed the top 10%, but those with serious money, the 0.1%, the banks and the big corps were the real winners, AGAIN.

No child deserves to go hungry. Full stop.

But you should know despite all the headlines ⚠️ 70% of cash from scrapping the two‑child limit will go to kids with at least 1 parent in work.

💰 We can afford to lift kids out of poverty if we just tax the super‑rich.

🎙️ @faizashaheen.bsky.social on GMB.

The super-rich are gloating about the latest Budget after lobbyists sprang into action to kill off measures to tax extreme wealth and massive corporate profits. This is what we’re up against. Can you chip in today to help us fight back?
bit.ly/3Y51yMx

It’s the continued lack of investment (partly driven by low taxation of the super-rich) that’s the real reason 30% of young Brits say they’re considering leaving.

If Britain wants to keep young workers, it must invest in the future — not protect billionaire carve‑outs. 9/9

The Conservatives, the only party openly promising tax cuts, are the least popular.

Asking people to pay their fair share may drive away a minority of the greedy few. But ordinary people aren’t obsessed with tax rates. They want a country worth living in. 8/9

& young people’s voting intentions appear to show the complete opposite of what the mainstream media has been claiming.

The political parties most committed to taxing the super-rich and extremely profitable companies command the majority of young people’s support. 7/9

The closest thing to “evidence” offered in these articles that the problem is taxes is some of those leaving are moving to low-tax UAE.

But that undermined by other popular destinations such as Canada, Australia & Spain— with similar or higher taxation rates than the UK...

6/9

That means despite what billionaire-owned newspapers like the Telegraph & Daily Mail are reporting based on... well, nothing in particular, it’s the lack of investment in this country — NOT TAX RATES —likely motivating these moves.

5/9

In fact, higher taxes would help fix nearly every problem on the list (except rainy summers).

⚡️Better investment in infrastructure = cheaper bills
🏥🏫Better public services = better lives for families
🔒Better social security = less crime & less fertile ground for racism

4/9

Sky‑high living costs 💸🏙️
Childcare they can’t afford 👶💰❌
Burnout & poor work/life balance 😩💻⏰
Rising crime 🚨
Far‑right racism 😡
…and yes, the weather 🌧️☔🌪️

Notice what they didn't say:

❌Because taxes are too high
❌There’s too many immigrants

3/9

I've interviewed expats all over the world - this is why people are leaving the UK Living in Lisbon, my body is no longer in fight-or-flight mode. Other expats who have left London for warmer, safer climates feel the same

Rather than report biased junk as many do, assuming the reason is whatever policy you don’t like, a reporter from the i Newspaper had the radical idea to actually ask those leaving why they're leaving.

inews.co.uk/inews-lifest...

What did they say? 👇2/9

Unlike the debunked “millionaire exodus”, Britain’s young workers really are leaving in droves— 174,000+ since March 2024.

The motor of our economy walking away is a crisis that really should worry us.

🧵So, why are they leaving and how can we stop it? 1/9

Join the Tax Justice Movement - Tax Justice UK Sign up today to receive all the latest news, analysis and opportunities to get involved in the fight for tax justice, from Faiza & the team.

For too long the UK economy has worked to the benefit of a tiny minority.

We're changing that.

Join the tax justice movement.
taxjustice.uk/join-the-tax...

What's a £7.5k mansion tax to someone living in a £175M Hyde Park penthouse? 🤑

The govt's "taxes on the rich" have hit the 1%, but they are designed to protect the 0.1%.

@faizashaheen.bsky.social breaks it down on BBC Politics London.

Expose tax haven secrets No more secrets, no more safe havens for dirty money.

Every year, $100s billions that should be funding schools, hospitals & social care is disappearing into tax havens to fuel crime, conflict & new private jets.

The UK facilitates 26% of this global tax abuse, and has the power to expose it.

Demand they act.
taxjustice.eaction.org.uk/iP_tax-haven...

All in all this was a Budget of broken promises that taxed workers (and the moderately wealthy) BUT spared the super-rich.

With no coherent vision, or large-scale structural changes, it won’t deliver the change we desperately need.

13/13

5️⃣ We need real transformation, not tinkering

There were bucketloads of tiny tax changes in this year’s Budget, from new taxes on milkshakes, to fuel duties on electric cars. Most of these won’t make a huge difference to the lives of millions up and down the country. 12/13

Scrapping the two-child limit will be life changing for some 350,000 children who will be lifted out of poverty overnight (when the policy comes into effect in April 2026), according to the Child Poverty Action Group.

11/13

4️⃣ There are some important signs of hope, and evidence that our movement can win

Despite a generally disappointing budget, there were a few announcements to really shout about: mainly the 2-child limit, an increase in the minimum wage & the higher online gambling taxes. 10/13

on higher effective tax rates than their landlords, or people who live off the income from their assets.

Entirely equalising taxes on income from wealth & income from work would end this injustice (& raise £15.5 billion—about 7.5x more for our schools and hospitals).

9/13

An 2% increase on investment income tax rates raising £2.1Bn by 2029/30, is welcome...

But its another half-measure that will hit the rich much harder than the super-rich & leaves in place a two-tier tax system that leaves those working to pay their rent or bills... 8/13

In fact the new tax protects the super-rich from paying their fair share by capping the maximum charge.

So those with £500 million houses, will pay the same £7,500 as those with £5million houses.

7/13

The new mansion tax will mean charges of £2,500—£7,500 on houses worth over £2m. It is expected to impact around 165,000 households and raise around £400 million.

For scale, that’s about 8x more people paying and 48x less revenue, than the wealth tax we’ve been calling for.

6/13

3⃣ There are only 2 new taxes on wealth.

The so-called Mansion Tax and a tinker on tax rates on income from dividends, savings & property rentals

Both are too small to fund the sort of investment the country needs and too broad to really address our inequality problem.

5/13

2⃣ The Super-Rich have been given a free pass

Despite months of public demands & speculation in the press about potential new taxes targeting the super-rich, there is NO Wealth Tax, no Exit Tax, no equalisation of Capital Gains Tax with Income Tax & No new taxes on Banks.

4/13

The freeze on Income & NICs thresholds until 2030/31, means millions of working people paying a higher proportion of their income in tax & may even enter a new tax band, unless their wages flatline, letting inflation take the price of bills & essentials further out of reach.

3/13

1⃣ Ordinary people will pay more tax

Given govt rhetoric, its shocking that the biggest revenue raiser in the Budget supposed to be about taxing the super-rich more, will instead target ordinary workers. Freezing income tax thresholds is a broken manifesto pledge in disguise.

2/13

Rachel Reeves is billing the #Budget2025 as the long overdue tax rise on the rich — yet Spears Magazine, the glossy read “for ultra high net worths & their advisers”, is celebrating how little impact it’ll have.

🧵So what's spin and what's really in the Budget? 👇 1/13